Grinders in US market.
US companies purchased $745.8 million in grinding machines during
1999 under the security of a continuing strong manufacturing economy.
The 11,822 units that form the basis for those sales figures represent
only 5% of the 261,813 grinding machines currently in use by industry
and only 7% of the industry's grinding machines that are more than
11 years old. These figures reflect the relatively slow rate at which
companies acquire new equipment to take advantage of new CNC controls
and advanced abrasive products. US shipments of grinding and polishing
equipment dropped to 55,129 units in 1999, down from a high of 112,443
units in 1997. The decrease shows changes in buyer activities and the
impact of imported machines and closures of US manufacturers. These and
other figures are contained in The Economic Handbook of the Machine Tool
Industry, published by AMT--The Association For Manufacturing
Technology, McLean, VA.